THE RECEIPT

Launch print · June 2026: Starter home costs 2.96 work-years.

At these assumptions: national bottom-tier ZHVI ($198,648.86, 2026-04) divided by AHETPI ($32.31, 2026-05), using 2,080 hours per work-year. Down 0.05 work-years from a year ago.

Status: published · Methodology 0.95 · Data vintage 2026-06-10

CORRECTION NOTICE

Print notices

Launch print notice

This is the dated launch receipt (June 2026). Values are unchanged from the reviewed pipeline output; only the provisional dry-run label was replaced.

2026-06-12 · notice

Components

Component Status Hours Work-years 1-year direction Source stamp
Starter home core 6,148 hours 2.96 work-years Down 0.05 work-years Zillow ZHVI bottom tier, national; BLS AHETPI wage denominator · 2026-06-10
Not measured yet
  • Four years of college (net) No source-stamped value rendered until the CP-9 net tuition pipeline exists.
  • Childcare No source-stamped value rendered until the childcare satellite pipeline exists.
  • The price of financial independence No source-stamped value rendered until the financial-independence satellite pipeline exists.

Robustness annex

Source manifest

Source Retrieved Scope License note
BLS/FRED AHETPI 2026-06-10 U.S. private production and nonsupervisory hourly earnings BLS public-domain data via FRED; cite both retrieval paths.
Zillow ZHVI bottom tier 2026-06-10 U.S. national bottom-tier home values Citation-required; raw Zillow columns are not redistributed in this artifact.
Aspire derived wage-pace baseline 2026-06-10 2000 work-years held constant: home price growing at the AHETPI wage rate. Derived from the source-stamped ZHVI and AHETPI series above; no new external data.
FRED:CPIAUCSL annual CPI 2026-06-15 Counterfactual work-years if the 2000 starter-home price had grown only with CPIAUCSL; annual CPI values are linearly interpolated by decimal year, with the latest completed annual value used for later open periods. BLS public-domain data via FRED; derived counterfactual reference, not a prediction or fair-value estimate.

REPRODUCIBILITY

This print is generated from JSON.

Public artifacts contain Aspire-derived hours/work-year series and a source-fetch script path only; constrained raw source columns are excluded.